Day: November 18, 2020

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Zambia’s Default Sparks Renewed Concerns Over High Levels of Chinese Debt in Some African Countries

Zambia's default over the weekend on a portion of its Eurobond debt prompted renewed concerns about the lack of transparency in Chinese lending and whether weak governance systems in a number of African countries are up to the challenge of managing the burgeoning financial crisis.

NGO: The UK, Not China is the Biggest Obstacle To Zambian Debt Relief

The next stage of the Zambian debt default crisis may play out in a London court. NGOs like Oxfam and the Jubilee Debt Campaign contend that because the vast majority of Eurobonds are covered by English law, ...

Candid Perspectives From One of China’s Leading Africa Scholars on Beijing’s Role in the African Debt Crisis

There has so far been a total blackout of any Chinese online discussion, media coverage, and comment from government officials on Zambia's recent debt default. Neither the embassy in Lusaka nor the Ministry of Foreign Affairs in Beijing has commented publicly on the issue. ...

Perceptions & Misperceptions About the African Diaspora in China

The Center for Strategic and International Studies in Washington, D.C. hosted a fascinating webinar this week that explored the complex social issues surrounding Black life in China. CSIS Africa Program Director Judd Devermont together with Georgetown University lecturer Travis Atkins hosted ...

The Growing China-Africa Information Divide

A heated discussion about the merits and dangers of Chinese loans to Africa is now taking place in the aftermath of last weekend's landmark debt default in Zambia. Analysts, finance professionals, journalists, activists, and various other stakeholders across Africa, the U.S., Europe, and elsewhere are all working ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

The View From Washington on the Future of U.S.-Africa-China Relations

There's an emerging consensus in Washington, D.C. that a future Biden foreign policy towards Africa is probably going to look a lot like the policies enacted by the Obama administration. Two aspects of this new/old approach stand out from what the ...